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HomeMy WebLinkAbout03/21/2017 - Regular Minutes - City Council - Audit Committee s �. CITY OF COI.1iGI:SovnoN Mayor Home nf] as IerM University' Council members Karl Mooney Jerome Rektorik Mayor Pro Tern Blanche Brick Julie Schultz Linda Harvell City Manager Barry Moore Kelly Templin James M. Benham Minutes CITY COUNCIL AUDIT COMMITTEE Tuesday, March 21, 2017 at 1:30 pm City Hall Administrative Conference Room 1101 Texas Avenue College Station, Texas 77840 Audit Committee Members Present: Karl Mooney, Mayor Linda Harvell, Councilmember Jerome Rektorik, Councilmember City Staff: Ty Elliott, Internal Auditor Kelly Templin, City Manager Chuck Gilman, Deputy City Manager Jeff Kersten, Assistant City Manager Jeffrey Capps, Assistant City Manager Carla Robinson, City Attorney Mary E. Leonard, Finance Director Yvette Dela Torre, Deputy Local Registrar Regular Agenda Item No. 1 — Call to Order and Announce a Quorum is Present With a quorum present, the Audit Committee of College Station was called to order by Mayor Mooney at 1:37 p.m. on March 21, 2017 in the Administrative Conference Room of the City of College Station City Hall. Regular Agenda Item No. 2 - Presentation, possible action, and discussion of minutes for the audit committee meeting held on January 31, 2017. MOTION: Upon a motion made by Councilmember Harvell and a second by Councilmember Rektoik, the Audit Committee voted three (3) for and zero (0) opposed, to approve the January 31, 2017 Audit Committee minutes. The motion carried unanimously. Regular Agenda Item No. 3 - Presentation, possible action, and discussion regarding the External Audit Report and Comprehensive Annual Financial Report (CAFR) presentation. Jeff Kersten, Chief Financial Officer introduced Jim Ingram with Ingram, Wallis & Co. P.C. Jim Ingram presented the results of the fiscal year 2016 audit and, along with staff, the 2016 CAFR, Compliance and Single Audit Reports. This report provides a summary of the City's financial position as of September 30, 2016. It is the recommendation of the Audit Committee that the City Council accept the 2016 Comprehensive Annual Financial Report (CAFR) and the Compliance and Single Audit Reports. Regular Agenda Item No. 4 - Presentation, possible action, and discussion regarding citizen appointments to the Audit Committee. Ty Elliott, Internal Auditor, stated that he has reviewed the applications and is recommending the committee consider Susan McGrail, Michael Ashfield, and Nate Sharp for the Audit Committee citizen appointments. Councilmember Rektorik requested bios for the candidates. It is the recommendation of the Audit Committee that the citizen appointment candidates be presented to the City Council during a future Workshop. Regular Agenda Item No. 5 -Presentation, possible action, and discussion regarding the progress of the annual audit plan. Ty Elliott, Internal Auditor, gave an update on the progress of the annual audit plan, which included purchasing cards, sanitation, and fire prevention. Regular Agenda Item No. 6 - Presentation, possible action and discussion regarding future agenda items. By consensus, the Committee recommended that an audit of the RVP be added to next year's annual audit plan. Regular Agenda Item No. 7 - Adjourn. There being no further business, Mayor Mooney adjourned the meeting at 2:29 p.m. on Tuesday, March 21, 2017. 4.4111 K.rl Mooney, ayor ATTEST: 40/4 cie-AA-f- tte Dela Torre, Deputy Local Registrar